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EQUITY
Post Session: Quick Review
Feb-05-2026

Indian equity benchmarks ended lower on Thursday as investors booked profits following a three-session of gains, while investors remained on sidelines ahead of RBI interest rate announcement on Friday. Markets made a negative start and remained under pressure throughout the session, weighed down by continued selling in metal and teck stocks.

Some of the important factors in trade:

India, Gulf Cooperation Council to sign terms of reference for FTA talks: Traders overlooked India and the Gulf Cooperation Council (GCC), a group of six Middle Eastern countries, are likely to sign the terms of reference on February 5, 2026, to begin talks on a free trade agreement (FTA).

India needs to grow faster, increase share in global trade: Traders paid no heed towards report that former NITI Aayog vice-chairman Rajiv Kumar said India needs to grow faster and increase its share in global trade. He noted that a robust economy forms the foundation of a strong foreign policy, and economic strength decides a country's position in global politics.

India, US to soon sign joint statement on trade deal: Traders took note of Commerce and Industry Minister Piyush Goyal’s statement that India and the US are expected to finalise and sign a joint statement on the first tranche of the bilateral trade agreement in 4-5 days.

On the global front: European equity markets were trading mostly in red as investors digested a slew of earnings updates and regional economic data. Asian markets ended mostly in the red following the mixed cues from Wall Street overnight.

The BSE Sensex ended at 83313.93, down by 503.76 points or 0.60% after trading in a range of 83151.62 and 83784.17. There were 4 stocks advancing against 26 stocks declining on the index. (Provisional)

The only gaining sectoral index on the BSE was Oil & Gas up by 0.06%, while Capital Goods down by 1.07%, Metal down by 1.05%, Industrials down by 0.92%, TECK down by 0.91% and Consumer Durables down by 0.88% were the top losing indices on BSE. (Provisional)

The gainers on the Sensex were Trent up by 2.95%, Tata Steel up by 1.23%, SBI up by 0.50% and Bajaj Finance up by 0.15%. On the flip side, Eternal down by 2.50%, Bharti Airtel down by 1.65%, Bharat Electronics down by 1.42%, ITC down by 1.15% and ICICI Bank down by 1.14% were the top losers. (Provisional)

Meanwhile, the Government e-Marketplace (GeM) CEO Mihir Kumar has said that the procurement of goods and services from the GeM has crossed Rs 4 lakh crore so far this fiscal with over 50 lakh buying and selling orders by various ministries and departments. He highlighted that 45% of public procurement orders are placed to MSMEs, which is higher than the mandatory requirement of 25%.

The GeM portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments. Further, a government procurement worth Rs 17.33 lakh crore has happened through the portal since its launch. GeM has over 1.5 lakh government buyers and over 62 lakh sellers and service providers offering a wide range of products and services. In FY25, 72 lakh orders valued at Rs 5.43 lakh crore were placed on the portal.

The government departments, ministries, public sector units, state governments, and central armed police forces are allowed to carry out transactions through this portal. The portal provides a wide range of products from office stationery to vehicles. Automobiles, computers and office furniture are some of the major product categories. It also offers services, including transportation, hiring of helicopter services, logistics, waste management and webcasting.

The CNX Nifty ended at 25642.80, down by 133.20 points or 0.52% after trading in a range of 25579.50 and 25757.65. There were 19 stocks advancing against 31 stocks declining on the index. (Provisional) 

The top gainers on Nifty were Trent up by 2.96%, Max Healthcare up by 1.50%, Tata Steel up by 1.21%, JSW Steel up by 0.94% and ONGC up by 0.84%. On the flip side, Hindalco down by 3.06%, Eternal down by 2.48%, Bharti Airtel down by 1.65%, Bharat Electronics down by 1.43% and SBI Life Insurance down by 1.17% were the top losers. (Provisional)

European markets were trading mostly in red; UK’s FTSE 100 decreased 44.59 points or 0.43% to 10,357.75 and Germany’s DAX lost 29.64 points or 0.12% to 24,573.40, while France’s CAC rose 8.64 points or 0.1% to 8,270.80.

Asian markets closed mostly lower on Thursday tracking Wall Street’s mixed performance overnight. Kospi dropped from all-time record highs as South Korea's semiconductor heavyweights like Samsung and SK Hynix declined following tech jitters on Wall Street. Chinese shares fell following selloffs in precious metals and technology sectors, and ahead of an extended nine-day Spring Festival break from February 15 to February 23. Japanese shares declined as investors turned cautious ahead of the general election scheduled for Sunday, February 8.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,075.92

-26.29

-0.64

Hang Seng

26,885.24

37.92

0.14

Jakarta Composite

8,103.88

-42.84

-0.53

KLSE Composite

1,731.02

-11.80

-0.68

Nikkei 225

53,818.04

-475.32

-0.88

Straits Times

4,975.87

10.37

0.21

KOSPI Composite

5,163.57

-207.53

-3.86

Taiwan Weighted

31,801.27

-488.54

-1.51
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